Mandatory Compliance Assurance

Statutory Audit

Statutory Audit is an independent examination of an entity’s books of accounts, financial statements, and compliance records as mandated under various laws.

Overview What's Included Process
Auditing Documents
Financial Calculator
Data Analysis

Overview Section 139

It ensures that the financial statements present a true and fair view, comply with regulatory frameworks, and uphold transparency and credibility for stakeholders such as banks, investors, regulators, and shareholders.

As an auditor we give reasonable assurance on the entity’s Finance statements. As per section 139 of the Companies Act, 2013 all companies must undergo an annual statutory audit – regardless of turnover, profit or capital of the company.

Audit Meeting
Enhance Trust Reinforce Accountability

What's Included Scope

Comprehensive verification to ensure regulatory compliance.

Financial statement verification

Ensuring accuracy and fairness in reporting.

Sample vouching & Ledger Scrutiny

Detailed examination of transaction records.

Compliance with accounting standards

Adherence to Ind AS / IGAAP.

Revenue & expense testing

Verification of income and expenditure claims.

Regulatory Framework Compliance

Verification of adherence to Companies Act.

Balance sheet & P&L scrutiny

In-depth analysis of financial health indicators.

Process Flow Methodology

Our structured approach to independent examination.

1

Pre-audit planning & materiality assessment

Defining the scope and significant areas of focus.
2

Transaction testing & sampling

Testing selected data points for accuracy.
3

Analytical review

Evaluating relationships and trends in financial data.
4

Draft report discussion

Reviewing findings with management.
5

Final audit opinion issuance

Issuing the formal statutory audit report.

Deliverables Value

Documents and assurance you will receive.

Statutory audit report
CARO / Audit Checklist
Financial statement observations
Compliance notes
Support for AGM & ROC filings (Form AOC-4)
Peace of mind for shareholders & lenders

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